Senior Research Analyst at DIS S. Patricia Batres-Marquez outlines Iowa Sales of E15 Continued to Grow in 2022. Based on the latest annual retail fuel sales data published by the Iowa Department of Revenue, Iowa ethanol total sales sales of all blends combined were estimated at 1.098 billion gallons in 2022, down 11%.
David Miller, Chief Economist here at DIS completed a comparison of Brazilian and U.S. exports. Brazil and the U.S. are two of the largest suppliers of corn, soybeans, and meat to China.
The USDA is continuing to compile the 2022 Census of Ag. that is set to release in the year of 2024. DIS is ready to take action and patiently awaits the results.
The past several years have been a turbulent period for international trade. With a pandemic, a major trade conflict, a war in Europe, and other weather- and supply chain-based disruptions, there has been no shortage of events causing major changes to the flow of goods around the world.
Iowa fertilizer prices began rising in 2021 and peaked during the summer of 2022. Price peaks for each fertilizer were close to double their respective 2018-2020 average prices. Since the peak, prices have generally been trending down, though they still have not reached 2018-2020 levels.
In 2016, the state of Oregon launched the Oregon Clean Fuels Program (Oregon CFP); and the state of Washington started its Clean Fuel Standard on January 1st, 2023. Clean fuels/energy standards or programs in 12 other states have been proposed to the state governments
The 2023 U.S. corn and soybean harvest is nearing its midpoint in terms of harvested acres and farmers are now getting a better sense of crop yields following a growing season characterized by extended periods of dry weather across much of Iowa and other parts of the Corn Belt.
While it seems that 2023 just started, looking at the calendar does indeed show that we have just 10 weeks left in the year. With another year soon coming to a close, I thought an update on the exciting work the DIS Team has been engaged in would be appropriate. As in previous business updates, we continue to be grateful for such a dedicated, hard-working team of professionals here at DIS.
